Sunday Morning Guru Opinions @ 11:05 AM EST - 11/04/2018

[ronscarpa]

 

11-4-2018   Newshound Guru MilitiaMan    Article:  "Iran braces for oil sanctions after currency crash, protests"   ...think about what you're seeing between Iraq and Iran...Where I may disagree with Iran being specifically included now or into the future basket of middle east currencies matters not, the basket ...has been calculated now per WS [Guru Walkingstick]  (evidence from recent meetings, imo) and that means to me they have risk on the table and thus, a timeline... to expose that calculation to the world is on the table now.  We all know things can get volatile in the ME on a drop of a dinarius.  Therefore, those  part of the boat load of entities in Iraq last month were there for significant time frames...They were there for the valuation of currency and advance training of the trainers for the Iraq Currency imo, just as there was a preceding symposium weeks before in regard to the Iraq currency.  [post 1 of 2....stay tuned - posted later today/tonight].

11-4-2018   Intel Guru Delta   Article:  "Exceeded one billion dollars .. Tehran demands Baghdad to accelerate the payment of electricity debts"  HUGE ARTICLE ...IRAQ CAN'T PAY IRAN IN DOLLARS ANY MORE.... ONLY OPTION IS DINARS ...SO THEY HAVE TO PAY IRAN 1 BILLION $ ASAP...AT THIS RATE THEY HAVE TO PAY THEM 1 TRILLION DINAR...In my opinion, it would be better to increase the value of the IQD "Before" they pay Iran, or Iran will have a significant cache of money post ANY value increase if they are paid in IQD today. Iran is desperate, but planning ahead. Maybe they can pay them in another currency from their Monetary Reserves (ie: Swiss Franc, British Pound...)...JMHO..!

 

 

11-3-2018   Newshound Guru chattels   Article quote:  "The exchange rate of the dollar, Saturday, maintained its stability against the dinar on the Iraqi stock exchange.  According to figures received by "Economy News", the price of selling the dollar in the stock market today is 120 thousand dinars and the purchase price 121 thousand dinars to 100 dollars. On the Basra Stock Exchange, the sale price today reached 120 thousand dinars, and the purchase price 121 thousand dinars to 100 dollars.  While the sale price of the dollar on the Arbil Stock Exchange today 120 thousand dinars, and the purchase price 121 thousand dinars to 100 dollars." (From late last night).

 

Edited November 4, 2018 by ronscarpa

[ronscarpa]

Added at 1:35 PM EST:

 

11-4-2018   Newshound Guru MilitiaMan   So since the currency has been a main topic for about 30 days or more now, it would suggest that since the timing of REER (Real Effective Exchange Rate) is an issue, the final roll out on the new small currency would be expected to be along quite shortly.. imo.  It was mentioned that REER was established on Monday last for a basket, it has almost been a week for REER..imo The clock is not just ticking...lol.   [post 2 of 2 from post 1 above]
 

[gregp]

Delta made good sense.  👍